Gold Terra Resource announced assay results for four additional drill holes, GTWL22-003, 005, 006 and 007 in the Mispickel area as drilling continues to extend the new high-grade MP-Ryan Zone at least 200 m north of the main Mispickel area. Hole GTWL22-007 intersected 3.59 g/t gold over 7 m including 8.02 g/t Au over 2 m. To date, the Company has released 5 holes out of the 19-hole winter program. The drilling is part of [...]
Gold Terra Resource Corp. is pleased to announce assay results for three holes to test the Yellorex zone. Drill hole GTCM22-030 intersected 6.41/t gold over 26.50 m including 9.05 g/t over 4.00 m and including 10.66 g/t gold over 3.0 m and including 14.15 g/t gold over 5.50 m. The hole was drilled along strike on the Campbell Shear for metallurgical testing required for the Company's upcoming updated resource estimate on [...]
Gold Terra Resource is pleased to announce partial assay results in drill hole GTWL22-002 which intersected 19.00 g/t gold over 4.0 m including 73.9 g/t gold over 1 m in the Mispickel area as drilling continues to extend the new high-grade MP-Ryan Zone at least 200 m north of the main Mispickel area. The hole is part of a small winter drill program in the northern part of the Company's Yellowknife City Gold Project. So [...]
Gold Terra Resource is pleased to announce assay results of a near surface mineralized zone in drill hole GTCM22-029 which intersected 3.61g/t gold over 4.55 metres including 15.75 g/t over 0.75 metres at 30 metres vertical depth on the Con Mine Property. The Con property was recently optioned from Newmont Canada FN Holdings ULC and Miramar Northern Mining Ltd., both wholly owned subsidiaries of Newmont Corporation [...]
Gold Terra Resource Corp. is pleased to announce that it has closed its previously announced bought deal financing, including the exercise in full of the underwriters' over-allotment option. Pursuant to the Offering, 8,912,500 charitable flow-through common shares were issued at a price of C$0.30 per Charitable FT Share, 8,046,700 traditional flow-through common shares were issued at a price of C$0.24 per Traditional FT [...]
Gold Terra Resource has announced today that it has entered into an agreement with a syndicate of underwriters led by Stifel GMP, under which the underwriters have agreed to buy on a bought deal basis, charitable flow-through common shares, traditional flow-through common shares and common shares to provide the Company with gross proceeds of C$5 million. The Charitable FT Shares will be offered at a price of C$0.30, the [...]
Gold Terra Resource Corp. is pleased to announce that the 2022 drilling program commenced on January 20th to test the Campbell Shear south of the Con Mine Property which was recently optioned from Newmont Canada FN Holdings ULC and Miramar Northern Mining Ltd., both wholly owned subsidiaries of Newmont Corporation. The proposed 2022 drilling area is shown in Figure 1. Drilling will continue to test the down dip extension [...]
Gold Terra Resource is pleased to announce positive assay results for drill hole GTCM21-022 drilled as part of the 2021 drilling program on the Yellorex Zone at the Con Mine Property, recently optioned from Newmont Canada FN Holdings ULC and Miramar Northern Mining Ltd., both wholly owned subsidiaries of Newmont Corporation. Drill hole GTCM21-022 intersected two exceptional zones of 19.74g/t gold over 5.44 metres at [...]
Gold Terra Resource Corp. announces the grant of incentive stock options under the Company's stock option plan to its directors, employees, and consultants to purchase up to an aggregate of 993,750 treasury shares. The options are exercisable at a price of $0.26 per share for a period of 5 years and are subject to the policies of the TSX Venture Exchange and the Company's stock option plan which includes a vesting period [...]
Gold Terra Resource Corp. today announces a corporate restructuring of senior management as the Company focuses its exploration efforts on the recently announced option to purchase the Con Mine . Mr. David Suda, currently President and CEO, and a director of the Company has notified the Company his intention to step down from his positions, effective December 31, 2021, to pursue other opportunities. The Company has [...]
Gold Terra Resource Corp. is pleased to announce assay results for five additional holes, GTCM21-017, 18, 19, 20 and 21 drilled as part of the current 10,000 metre 2021 drilling program on the Yellorex Zone at the Con Mine Property, recently optioned from Newmont Canada FN Holdings ULC and Miramar Northern Mining Ltd., both wholly owned subsidiaries of Newmont Corp. The Con Mine Property is adjacent to the Company's [...]
Not for distribution to U.S. news wire services or dissemination in the United States. Gold Terra Resource Corp. is pleased to announce that it has completed the previously announced strategic investment in the Company by Newmont Corporation , issuing 7,142,857 common shares of the Company at a price of C$0.21 per share for gross proceeds of C$1.5 million, resulting in Newmont holding less than five percent of the issued [...]
